Mercapital plans to open Colombian office

The Spanish firm plans to further expand in Latin America as it shifts its focus away from Europe

By

Ayesha Javed

March 9, 2012 6:52 p.m. GMT

Spanish private equity firm Mercapital plans to expand further into Latin America after shifting its focus away from Spain and into the emerging market region.

Last year Financial News reported last year that Mercapital, previously known for more mainstream Spanish buyouts, had began to turn its attention to developing portfolio companies in Latin America after opening an office in São Paulo in September 2010.